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10537 Austin Avenue

Chicago Ridge, IL 60415
  • $479,900
  • STATUS: Active Under Contract
  • ON SITE: 61 Days
  • MLS #: 12176228
Under Contract
UPDATED: 10 min ago
$479,900
  • 6
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

School District:

Description

Calling all investors looking for a turnkey rental property! Beautifully rehabbed all-brick 2-flat with 2.5 car garage and full basement (for a possible third unit for extra cash flow) now available in Chicago Ridge! The recently remodeled, spacious units both feature three bedrooms, beautiful refinished hardwood floors, modern high-end kitchens and bathrooms equipped with upgrades such as quartz countertops, new stainless steel appliances, and soft-close shaker-style cabinets. The entire building has new energy-efficient windows, and each unit also includes its own separate furnace and AC unit, delivered via forced air, along with brand-new hot water tanks, and updated copper plumbing throughout. Additionally, all utilities are metered separately for easy management, and a third electrical meter is present when you decide to finish a third basement unit. Property also includes a detached 2.5-car brick garage and a new brick paver walkway leading out to a spacious backyard. The huge backyard your tenants will love is perfect for BBQs or quality time together with the family. Use the rental income of one unit to subsidize a portion of your mortgage on the second unit while you live there, or finish out the basement as a legal third unit and maximize cash flow from your new investment property! Coin operated washer and dryer located in basement for increased revenue potential. Potential to rent garage for even greater cash flow. Both three-bedroom units are currently leased with excellent tenants. Schedule your showing today!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-11T16:09:08.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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10537 Austin Avenue Chicago Ridge, IL 60415

  • Price: $479,900
  • Status: Active Under Contract
  • On Site: 61 Days
  • Updated: 10 min ago
  • MLS #: 12176228
6
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
127.5
Property Description
Calling all investors looking for a turnkey rental property! Beautifully rehabbed all-brick 2-flat with 2.5 car garage and full basement (for a possible third unit for extra cash flow) now available in Chicago Ridge! The recently remodeled, spacious units both feature three bedrooms, beautiful refinished hardwood floors, modern high-end kitchens and bathrooms equipped with upgrades such as quartz countertops, new stainless steel appliances, and soft-close shaker-style cabinets. The entire building has new energy-efficient windows, and each unit also includes its own separate furnace and AC unit, delivered via forced air, along with brand-new hot water tanks, and updated copper plumbing throughout. Additionally, all utilities are metered separately for easy management, and a third electrical meter is present when you decide to finish a third basement unit. Property also includes a detached 2.5-car brick garage and a new brick paver walkway leading out to a spacious backyard. The huge backyard your tenants will love is perfect for BBQs or quality time together with the family. Use the rental income of one unit to subsidize a portion of your mortgage on the second unit while you live there, or finish out the basement as a legal third unit and maximize cash flow from your new investment property! Coin operated washer and dryer located in basement for increased revenue potential. Potential to rent garage for even greater cash flow. Both three-bedroom units are currently leased with excellent tenants. Schedule your showing today!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size .25-.49 Acre Multi Family Type 2 Flat Parking Details Garage Parking Total 2.5 Roof Asphalt Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 2 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 12

Property Features

Age 61-70 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Corporate Limits Chicago Ridge General Information None Gross Income 43200 Insurance Expense 185 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 30000 New Construction YN No Other Additional Income Coin Laundry Other Equipment Sump Pump Ownership Fee Simple Rebuilt YN No Rehab Year 2023 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 10054 Tax Year 2023 Total Numberof Unitsin Building 2 Total Rental Income 43980 Township Worth Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Preferred Rlty: (708) 798-1111.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-11T16:09:08.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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